Indonesia (IDN) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Indonesia-Portugal Trade: In 2023, Indonesia exported $187M to Portugal. The main products that Indonesia exported to Portugal were Hot-Rolled Iron ($54M), Footwear Parts ($27.4M), and Rubber ($12.3M). Over the past 5 years the exports of Indonesia to Portugal have increased at an annualized rate of 0.33%, from $184M in 2018 to $187M in 2023.

In 2023, Indonesia did not export any services to Portugal.

Portugal-Indonesia Trade: In 2023, Portugal exported $39M to Indonesia. The main products that Portugal exported to Indonesia were Recovered Paper ($4.78M), Other Paper Machinery ($2.27M), and Other Electrical Machinery ($2.06M). Over the past 5 years the exports of Portugal to Indonesia have decreased at an annualized rate of 1.73%, from $42.6M in 2018 to $39M in 2023.

In 2003, Portugal exported services to Indonesia worth $1.35M, with Services not allocated ($1.35M) being the largest in terms of value.

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Indonesia exported $187M to Portugal. The main products exported from Indonesia to Portugal were Hot-Rolled Iron ($54M), Footwear Parts ($27.4M), and Rubber ($12.3M). During the last 5 years the exports of Indonesia to Portugal have increased at an annualized rate of 0.33%, from $184M in 2018 to $187M in 2023.

In 2018, Portugal exported $39M to Indonesia. The main products exported from Portugal to Indonesia were Recovered Paper ($4.78M), Other Paper Machinery ($2.27M), and Other Electrical Machinery ($2.06M). During the last 5 years the exports of Portugal to Indonesia have decreased at an annualized rate of 1.73%, from $42.6M in 2023 to $39M in 2018.

Exports from Indonesia () to Portugal () (2023)

Exports from Portugal () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Portugal ()

Indonesia Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

Portugal
Top DestinationSpain$17.7B

This map shows whether countries import more from Indonesia or Portugal. Each country is colored based on the difference in imports they receive from Indonesia and Portugal or the difference in the growth in imports.

In 2023, countries that imported more from Indonesia than Portugal included China ($70.7B), India ($24B), and Japan ($23.7B).

In 2023, countries that imported more from Portugal than Indonesia included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

Difference in imports from Portugal () and Indonesia () (2023)

Comparative Advantage Indonesia - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Indonesia and Portugal by product, considering products traded by both, Indonesia and Portugal.

During 2023, Indonesia had a large net trade with Portugal in the exports of Metals ($59.5M), Footwear and Headwear ($27.6M), and Textiles ($19.5M).

During 2018, Portugal had a large net trade with Indonesia in the exports of Machines ($17.7M), Textiles ($5.66M), and Paper Goods ($4.88M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Portugal+$5.56MHot-Rolled Iron

Top Product Potential Portugal Indonesia+$2.91MCentrifuges

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Indonesia and Portugal. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Indonesia.

About

Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Portugal () (2023)

Exports from Portugal () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Portugal ()

Indonesia Exports

Portugal Exports

Market Competitiveness

Difference in imports from Portugal () and Indonesia () (2023)

Comparative Advantage Indonesia - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Indonesia () and Portugal () (2023)

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